Graphite Protocol

Graphite Protocol - We build smart contracts and tech currently powering @LiveBONK & @bonkfun

Token ID: 31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk

[Graphite Protocol @GraphiteProto]

We've spent the last 8 months working hard behind the scenes on what we want things to look like going forward.

We're excited to enter the new phase of solana:31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk and get back to where we'd all like to be.

This account will start to become more active as things roll out and we talk about what we're going to be doing to create more revenue, create bigger things and, more importantly, be intertwined with the growth of some of the most exciting sectors in the crypto market.

[Graphite Protocol @GraphiteProto]

@Radoslaw200 @SolportTom Locked into an office with all the employees at Graphite & bonkfun preparing for the re-launch of @bonkfun & some new Graphite products.

[Graphite Protocol @GraphiteProto]

🕗

[Graphite Protocol @GraphiteProto]

Over the last 60 days, we have bought and burned a total of 685,880.618 at an average price of $0.14 per .

At the current circulating supply, this represents an annualized burn rate of approximately 13.19% per year.

During the past two months, we experienced a major security incident at bonkfun and have since implemented several core operational and infrastructure changes across the board alongside large security overalls. This has had a temporary impact on revenue performance during the period.

At the same time, some of the larger developments we have spent the last 3 months building are expected to launch this quarter, alongside additional product announcements and releases currently expected to be released between Q3 and Q4.

As always Graphite remains forward looking and will continue to strategically allocate resources to growth and the success of our ecosystem.

[Graphite Protocol @GraphiteProto]

Buy backs for $GP has resumed.

There is now $300,000 in USD1 for backdated buy backs which will be deployed retroactively in a defensive capacity to help protect the token from further large sell pressure.

All new revenue will now be placed into a DCA via Jup that executes every 3 days.

From the last 3 days of revenue alone, we have already deployed $21,000 in USD1 into buybacks starting today.

All tokens acquired via revenue buy backs will be burnt as normal.

[Graphite Protocol @GraphiteProto]

Treasury & Buyback Update:

Over the last 30 days, the Graphite ecosystem has generated over $2.2M in revenue, continuing to grow market share and strengthen the platform. While automated buybacks are still being finalized following recent upgrades, the treasury has remained active. At current market levels, which we believe doesn't reflect the current reality of the business,

Recently the team has purchased 600,000 $GP OTC from whales who wanted out of the project at an average price of $0.32/$GP.

Today, Graphite holds approximately:

1. More liquid cash than current circulating marketcap which can be used to fuel growth and make sure we can survive for years to come.

2. Millions more in GP tokens accumulated via buybacks

3. A rapidly growing revenue base driven by platform adoption

Our priority remains long-term value creation: reinvesting profits intelligently, strengthening the treasury, increasing GP ownership of the ecosystem, and continuing buybacks as systems finalize.

We are encouraged by the platform's performance and believe current market does not reflect the fundamentals.

Updates on automated buybacks and treasury initiatives will be shared as the new systems go live.

— Graphite Protocol Team

[Graphite Protocol @GraphiteProto]

Excited to be working with Axiom on a new trading program.

We are entering ship season. All the hard work the devs have been putting in the past months at the finish line.

last week was the new creator system, this week is Axiom + more.

Stay tuned.

[BONK.fun @bonkfun]

Introducing Winners Arc.

Rewarding the best Solana traders with the biggest weekly trading rewards

This is how we’re helping the best trenchers win more 🧵

[Graphite Protocol @GraphiteProto]

Graphite is officially resuming strategic token buybacks.

We’ll be deploying capital discretionarily, with a long-term mindset aimed fully at aligning protocol value with holders.

This is the first step in a broader framework tied to real revenue.

Importantly, the treasury has approved additional capital for buybacks should GP continue to trade materially below our internal view of long-term value.

Deployment will remain opportunistic and disciplined.

We’re building a business. Now we start returning value.

[Graphite Protocol @GraphiteProto]

@Shoob90 @bonkfun Buybacks will restart shortly and once they restart it will be made automated again moving forward.

[Graphite Protocol @GraphiteProto]

We’ve been in the lab behind the scenes for a while now, working on a full revamp of @bonkfun.

This update opens the door to a lot of new opportunities. One of the most impactful changes under the hood is a complete overhaul of creator rewards and how we realize fees from claims postmigration.

The revamped codebase now allows us to claim and realize USD1 only, instead of USD1 + an SPL token. This change cleanly isolates fee claims away from the LP itself, making LPs much stronger and preventing fees from being exposed to compounding effects which a huge difference for creators on @bonkfun.

And this is just part one of a much larger series of updates we have lined up.

It’s been a busy few months. 🫡

[BONK.fun @bonkfun]

Everyone agrees creator fees are too damn high!

Today is the first step in bringing the trenches more in line. First, we are introducing BONK Classic launches. BONK Classic launches are an opportunity to bring the trenches back to their former glory.

- NO creator fees
- 0.30% swap fees, with nearly all of the fees going towards compounding liquidity

This structure is the same as what we usually saw in 2024, when Raydium memecoins soared to billions in market cap.

[Graphite Protocol @GraphiteProto]

Before the update, creator fees were claimed directly from Raydium LP positions and then distributed. Because Raydium auto-compounds LP fees, this meant creators were indirectly exposed to how the DEX mechanics worked. Creators also received fees as a 50/50 split between USD1 and the SPL token for their comp.

Additionally, since we were actively claiming from LP positions, those claimed fees were no longer compounding inside the pool, which theoretically made LPs slightly weaker over time.

With the update we shipped yesterday, fees are now completely isolated from LPs. We no longer touch or claim any LP positions on new migrations, allowing liquidity to compound fully and grow stronger.

Because of that Creators now receive 100% of their fees in USD1 only, instead of a 50/50 split between USD1 and "X coin" which means if a creator is owed $5000, they're getting paid $5000 USD1 with no other dynamics at play.

The same change applies to protocol fees on our end.

[Graphite Protocol @GraphiteProto]

To address some of the questions we have been getting over the past few weeks.

1st and foremost, we are glad to see the recent uptick in revenue and volume on @bonkfun.

This is Graphite’s sole focus at the moment, and we are excited to see some of the reactions to things we have been working on with our partners.

The main question we have been getting is around buybacks, so let’s make this absolutely clear. 7.6% of all revenue from bonk fun is currently earmarked for buybacks of $GP, this has not changed, but it's also true that we have not been actively deploying these buybacks on the market for the last month. So just for the sake of clarity, all funds accumlated in the last month will be retroactively deployed into buying $GP as well as any revenue generated from this point forward.

We are aware that the $GP website has become a little outdated. We will work on updating it and making changes to ensure tracking happens in real time and is fully automated. This will be released after the next set of platform updates, as those are our priority. We are excited to start 2026 strong, and we feel it will be our best year yet as both a platform and a company.

More to come. 🍾

[Graphite Protocol @GraphiteProto]

Great to see the recent activity on @bonkfun and USD1 pairs!

lets keep it going. 💪

[Graphite Protocol @GraphiteProto]

We have already had a total of 5 teams reach out since yesterday asking whether we can help their protocol through strategic acquirement or by lending resources.

Resources are limited and if we take on anything new it has to be something with strong potential to generate meaningful revenue and direct cash into the protocol and the token and something we are confident we can genuinely add value to.

There are some very interesting proposals and targets on the table and we are excited to keep growing the protocol and its cash flow and to make GP a household name.

In the growth stage 🫡

[Graphite Protocol @GraphiteProto]

It’s been awesome seeing people who previously left the project coming back. Since we keep getting questions like “what did I miss?”, here’s a quick rundown 👇

Emissions: now fully delta neutral and EV positive

A lot changed after many people left:

• We upgraded emissions so the staking contract can’t emit more than we buy. Period.
• That means 0 dilution for GP holders.
• If revenue goes crazy again, we can speedrun emissions and finish them very quickly while making sure that every dollar we emit has a marginal dollar being bought back.
This is the first truly dynamic emissions design we’ve seen live.

- Growing the protocol through distressed assets

We are actively:

• Hunting distressed assets that we know we can fix or level up.
• Using our resources and playbook to take over and plug them into our ecosystem.
• Adding more underlying value to the protocol, which means more value accrual for GP.

We have already submitted a proposal to acquire @AdrenaProtocol (perps DEX), and there are more targets lined up if this one does not go through.

- New communications team member:

We’ve brought on a new communications team member: @MilstGuga
You can ping or spam them for updates so the rest of the team can stay focused on building.

- @LiveBonk is back

@LiveBonk has been restarted with launches like:

@MysticDaoSol
@DabbaNetwork

These launches benefit holders through:

• Allocations
• Sometimes airdrops
• Additional revenue for the protocol

BONK Live is an ICM division we ran long before @bonkfun, with proof of history behind it, so this is not some new meta we are suddenly pivoting into.

Right now the $GP team is focused on what we do best: building.

Huge changes to @bonkfun are on the way. We are running it back, but this time with improved fundamentals at the token level and a more robust, value accruing structure for holders.

[Graphite Protocol @GraphiteProto]

Goals for the next months

More revenue, more buy backs, and more growth from acquiring cool tech and @bonkfun / @LiveBonk 🫡

[Graphite Protocol @GraphiteProto]

Regardless of how this proposal ends, we’d like to thank the Adrena community for hearing us out.

Graphite is committed to pursuing strategic acquisitions that strengthen our revenue and reinforce our core value in the ecosystem.

If you’ve built something cool in the perps/DeFi space on Solana but are struggling to find PMF, contact @solportskg, let’s see how $GP can help.

[Adrena @AdrenaProtocol]

THE FINAL VOTE IS LIVE.

Which team will lead Adrena Protocol forward — @AutonomRWA or @GraphiteProto?

Please cast your vote in 72 hours, it could shape Adrena’s future.

🔗 https://t.co/yaQY5lnHGb